FMV BLOG

Emergency Medicine (EM) physicians normally practice medicine within hospital shift schedules and are often paid an hourly rate for actual hours worked. Typically, analyzing physician hourly rates for fair market value (FMV) involves the conversion of industry benchmarks (reported by well-known physician compensation surveys) from annual compensation amounts to hourly rates. For many medical specialties, analysists and appraisers default to a 2,000 or 2,080 hours-per-year den

With the start of the new year, BFMV’s Newnan office relocated to a unique downtown location with a long, colorful past: the historic 1882 Reese Opera House. Anchoring the court square’s southeast corner, this elegant edifice has overlooked the Coweta County Courthouse lawn through distinctive Palladian windows for generations. While the building’s exterior has maintained a timeless appearance, interior renovations have kept up with the changing times and needs of its spectru

Based on a review of Medicare Part B data, physicians are using more moderate/high-level evaluation and management (E/M) codes over time. BFMV reviewed physician utilization data posted on the CMS website. Taking all specialties together as a whole indicates a noticeable shift toward codes with moderate levels of medical decision-making (the 5 possible options being: straightforward (with problem-focused history), straightforward (with expanded problem focus), low, moderate,

According to our research of government contracts, the average cost of a contracted locum tenens physician is approximately $1,760 per day. This includes an 8-hour shift plus being on-call until the next shift begins. (Rates vary significantly based on physician specialty.) The $1,760 per diem does not include travel or lodging expenses. These and many more findings are published in a BFMV report, Cost of Physician Staffing Services: 2021, which is available for sale in our s